NOBLE CORPORATION PLC

Company Information

Company Number
12958050
Registered Address
3rd Floor 1 Ashley Road, Altrincham, Cheshire, United Kingdom, WA14 2DT
Status
Active
Employee Count
4,287
Turnover
£2,433,342,000
EBITDA
£850,902,000

Additional Details

Company Type
Public limited Company
Incorporated On
16 October 2020
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Energy
Region
North West

Company Review

Trend Analysis

The data for NOBLE CORPORATION PLC shows a consistent trend of improving payment times over the past three periods. The average time to pay has decreased each period, indicating that the company is becoming more efficient in paying invoices. The percentage of invoices paid within 30 days has also increased each period, showing a commitment to timely payments. Additionally, the percentage of invoices paid later than 60 days has decreased, which is a positive change towards early payment.

Volatility Analysis

The data for NOBLE CORPORATION PLC displays a stable pattern with minimal volatility. The average time to pay has decreased by an average of 3.3% each period, and the percentage of invoices paid within 30 days has increased by an average of 4.3% each period. This consistent trend indicates that the company has implemented effective processes to ensure timely payments to suppliers.

Summary Analysis

From Jan 2021 to June 2023, NOBLE CORPORATION PLC has shown a consistent improvement in payment times and adherence to agreed terms. The average time to pay has decreased from 2021 to 2023, with a notable improvement of 5.6% in 2023 compared to the previous period. The percentage of invoices paid within 30 days has also increased each period, with a significant improvement of 10.8% in 2023 compared to the previous period. This shows a commitment to timely payment and a positive change towards early payment. The percentage of invoices paid later than 60 days has also decreased, indicating a reduction in delayed payments.

Performance Reports History

Reporting Period Filed: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202325 Jul 2023
01 Jan 2022 - 30 Jun 202215 Jul 2022
01 Jul 2021 - 31 Dec 202127 Jan 2022
01 Jan 2021 - 30 Jun 202126 Jul 2021

Payment Time Trends

Payment Distribution Trends

Company Summary

NOBLE CORPORATION PLC is a multinational offshore drilling company that provides contract drilling services for the oil and gas industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as using efficient drilling techniques and investing in renewable energy sources.

Their main products and services include drilling rigs, project management, engineering, and procurement services. They also offer integrated services for wellbore construction, production enhancement, and decommissioning.

Key people in the company include Julie J. Robertson, the Chairman, President, and CEO, and William E. Turcotte, the Senior Vice President and CFO. They lead a team of experienced professionals who are dedicated to providing safe, efficient, and sustainable services to their clients.

The company's registered office address is at 10 Noble Street, London EC2V 7JU, United Kingdom. Their website, www.noblecorp.com, provides information on their sustainability program, products and services, financial reports, and career opportunities. Customers can also contact the company through their website or by phone at +44 (0) 20 3300 2300 for any inquiries.

Financial Metrics

Cash
£392,776,160
Net Worth
£2,727,284,490
Total Current Assets
£850,917,839
Total Current Liabilities
£533,248,423

Company Location